Industry News: All new Vitara for Fieldays

Vitara-2015-JLX-ang8-with-black-roof-(1280x866)

The all-new five-door Suzuki Vitara will break cover at the annual Fieldays event in the Waikato, from June 10.

A specially imported example of the new generation Vitara will be the star attraction on the Suzuki stand.

The Vitara receives its first kiwi preview at Fieldays, three months in advance of its local on-sale date. Continue reading “All new Vitara for Fieldays” »

Industry News: Toyota still most valuable car brand amid global changes

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Toyota, with a brand value of $28.9 billion, is the highest ranked automotive brand in this year’s top 100 in the 2015 BrandZ Top 100 ‘most valuable global brands.

Apple (No.1), which wants to start producing driverless cars, has increased its brand value to US$247 billion, a rise of 67% year-on-year. And Google (No.2), which is also considering building an autonomous car, grew by 9% value increase to reach $173.7 billion.

The highest ranked car brand is Toyota (30), but it is interesting to note that in 2006 Toyota was ranked 10th. Other car brands in the top 100 include BMW (34th), Mercedes Benz (43), Honda (78), Ford (80), and Nissan (93). Continue reading “Toyota still most valuable car brand amid global changes” »

Industry News: Holden giving glimpse of VR via State of Origin

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Holden will demonstrate the latest virtual reality (VR) experience, using Oculus Rift technology, at all three 2015 Holden State of Origin games, with a Colorado off-road adventure ride through back country New Zealand.

Participants will be recorded and able to share their experience on social media.

The adventure ride, takes passengers of the Colorado on a mission to deliver a mysterious box, conquering rugged terrain and landscapes along the way. Continue reading “Holden giving glimpse of VR via State of Origin” »

Industry News: Mustang fever catches on in NZ

mustangMore than 300 Ford customers have now placed orders in New Zealand for the much anticipated Mustang Fastback and Convertible, which will arrive here later this year in right hand drive.

Mustang’s will come in the muscle car’s legendary V8 performance version, and the first-ever EcoBoost engine that will provide the power of a bigger engine in a smaller, more fuel-efficient package.

The profile of New Zealand’s order book looks similar to Ford Mustang order books around the world with auto enthusiasts very excited and the first to be behind the wheel. Continue reading “Mustang fever catches on in NZ” »

Industry News: 600 entries in Holden’s Facebook comp.

DriveLikeRyan

Cameron Coombes of Te Awamutu, will soon be teeing off and enjoying lunch with top Kiwi golfer Ryan Fox, after winning Holden’s #DriveLikeRyan Facebook competition.

The 28-year-old keen golfer and a friend will travel to Holden ambassador Fox’s Remuera Golf Club to redeem the prize in June.

“I’m looking forward to a round of golf with Cameron. Hopefully I might be able to show him a thing or two and give him a few tips,” says Fox. Continue reading “600 entries in Holden’s Facebook comp.” »

Industry News: MotorSport NZ adopts new constitution

image001MotorSport New Zealand (MSNZ) has adopted a new constitution at its annual general council meeting, held in Wellington at the weekend.

The new constitution, which was first introduced to the sport’s member council at the 2014 annual meeting, is the result of a three-year review. Primarily, it dictates the introduction of a governance board and operational management team.

MSNZ president Shayne Harris says it brings MSNZ in line with other national sporting bodies. Continue reading “MotorSport NZ adopts new constitution” »

Industry News: Turners’ profit up 120% to $18 million

Paul Byrnes

Paul Byrnes

Auction, finance and insurance group, Turners Limited – formerly Dorchester Pacific Limited – today posted its full year results for the financial year to March 31, reporting a net profit after tax of $18.1 million (2014, $8.2 million).

Net profit before tax was $19.0 million. While the group has tax losses to utilise, tax is paid on some profits of businesses recently acquired.

The profit result is ahead of budget, earlier forecasts and the recent market guidance of around $17.5 million before tax. It includes a full year trading for Oxford Finance and five months trading contribution from Turners Group NZ Limited, the auction, fleet and finance business acquired late last year. Continue reading “Turners’ profit up 120% to $18 million” »

Industry News: NZ green grids ready for more electric cars

Allan-MillerThere is an urgent need to see more electric vehicles (EV) on New Zealand roads as it would lead to emissions reductions around the country – provided the electricity came from renewable energy sources – according to the Ddrector of University of Canterbury (UC) Electric Power Engineering Centre (EPECentre), Allan Miller.

“Currently New Zealand has so few electric vehicles that we are not seeing any benefit,” Miller says.

“Light passenger vehicles are a large contributor to New Zealand’s carbon emissions because our vehicle fleet is almost entirely based on inefficient fossil fuel powered internal combustion engine vehicles. Converting to EV’s would make a tangible difference to our emissions, but would require the additional electricity consumption to be met with new renewable energy,” he adds. Continue reading “NZ green grids ready for more electric cars” »

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